UK exports of foods and drinks to non-EU markets topped gross sales to the EU within the first quarter of 2021. On the similar time, on account of the on-going impacts of Covid-19 and modifications within the UK’s buying and selling relationships, EU gross sales have been falling 47% in contrast with Q1 2020.
Gross sales to non-EU nations accounted for 55% of all UK foods and drinks exports, with exports to the EU having fallen by £2bn in contrast with Q1 2019. Exports to just about all EU Member States fell considerably. In Q1 2021, gross sales to Eire have been down by greater than two thirds, whereas gross sales to Germany, Spain and Italy declined by greater than half since Q1 2020.
There has additionally been a return to robust progress in exports to East Asia, the place there may be excessive demand for high quality UK foods and drinks. In Q1 2021, exports to China (+28.2%), Hong Kong (+3.7%), Japan (+6.2%) and South Korea (+18.5%) have been all above the degrees seen in Q1 2020, when the Covid-19 pandemic triggered the early closure of hospitality sectors. The UK’s prime three non-EU markets, US (11%), China (5%) and Singapore (3%), now account for 19% of the UK’s complete exports, a determine of £713m.
Fdf.org.uk reviews how, of the UK’s prime 10 merchandise imported from the EU from 2019 to 2021, greens dropped 13.9% and fruit 15.7%
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